The latest close is inside the activity area established before the last four weeks. 1 of those four closes were inside that area. Recent volume balance is negative; the estimated activity centre is higher.
52 weeks2025-10-03 to 2026-09-25Weekly volume estimate
The relationship beneath price · 2026-09-25
Heavy volume, limited progress
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-1.7%4.2% over thirteen weeks
Latest relative volume2.07×2.07× recent four-week median
Closing pressure-34.5%Volume-weighted position within weekly ranges
Up-week volume share62.4%37.6% in declining weeks · last 13 weeks
At least twice normal volume
Price and pressure through time
Compare four-week returns with four-week closing pressure. Opposite signs reveal disagreement; agreement alone is not predictive.
View weekly evidence values
Week
4-week return
Pressure
Relative volume
2025-10-10
-1.1%
9.7%
0.58×
2025-10-17
0.1%
2.8%
0.98×
2025-10-24
2.0%
15.7%
1.07×
2025-10-31
1.2%
-9.0%
0.98×
2025-11-07
2.9%
17.8%
0.87×
2025-11-14
1.3%
-7.1%
1.04×
2025-11-21
-1.5%
-34.2%
0.69×
2025-11-28
1.3%
-3.5%
0.79×
2025-12-05
2.0%
-24.9%
0.79×
2025-12-12
2.0%
-0.4%
1.53×
2025-12-19
3.6%
39.1%
3.55×
2025-12-26
1.8%
43.1%
1.27×
2026-01-02
0.9%
35.8%
1.42×
2026-01-09
2.7%
56.8%
2.49×
2026-01-16
3.1%
39.9%
1.66×
2026-01-23
2.9%
40.4%
1.14×
2026-01-30
3.6%
-11.4%
4.27×
2026-02-06
3.5%
0.1%
2.47×
2026-02-13
3.4%
5.1%
3.98×
2026-02-20
3.3%
6.0%
1.44×
2026-02-27
3.7%
61.3%
5.57×
2026-03-06
-1.8%
27.1%
2.74×
2026-03-13
-3.5%
14.9%
1.40×
2026-03-20
-5.9%
-18.3%
3.32×
2026-03-27
-6.0%
-85.9%
1.67×
2026-04-03
-0.1%
-38.5%
2.34×
2026-04-10
3.6%
-1.3%
2.22×
2026-04-17
7.3%
50.5%
1.49×
2026-04-24
7.2%
57.0%
1.62×
2026-05-01
4.6%
41.5%
2.20×
2026-05-08
3.0%
36.5%
1.78×
2026-05-15
0.1%
-3.7%
1.53×
2026-05-22
0.4%
16.5%
1.63×
2026-05-29
0.9%
-2.5%
1.37×
2026-06-05
-1.4%
-32.1%
0.64×
2026-06-12
1.4%
8.4%
0.74×
2026-06-19
0.2%
-29.6%
0.74×
2026-06-26
-1.6%
-31.5%
1.24×
2026-07-03
0.6%
-7.1%
0.78×
2026-07-10
0.0%
7.4%
1.26×
2026-07-17
0.8%
-5.6%
3.57×
2026-07-24
2.5%
-6.8%
1.10×
2026-07-31
2.1%
-8.1%
0.84×
2026-08-07
2.7%
-10.1%
2.78×
2026-08-14
3.5%
-4.2%
1.83×
2026-08-21
3.7%
28.7%
1.82×
2026-08-28
3.1%
12.8%
1.38×
2026-09-04
1.8%
4.8%
0.80×
2026-09-11
0.3%
1.4%
2.69×
2026-09-18
-1.5%
-40.1%
2.02×
2026-09-25
-1.7%
-34.5%
2.07×
Does support survive a longer view?
Advancing-week volume share against price return and closing pressure.
A high advancing-volume share alongside weak closing pressure can mean price rose between closes but finished low within its weekly ranges. The two measures answer different questions.
Effort and result
63% price efficiency
Four-week net price movement as a share of the total close-to-close path. Lower readings indicate more back-and-forth movement, regardless of volume.
Latest close: 30% of the way from the weekly low to high.
Volume-weighted return tilt
-0.08 percentage points
The volume-weighted average weekly return minus the ordinary average over thirteen weeks. Positive means more volume coincided with stronger returns; negative means volume leaned toward weaker returns.
An association within this listing, not measured capital flow.
Constructive confirmation
30.6 / 100
Price direction15.0 / 30
Closing pressure0.0 / 30
Up-week volume15.6 / 25
Volume confirmation0.0 / 15
Fixed weights favour supported advances. A low score can still contain useful bearish or reversal research.
Test the volume contribution
Did heavier trading change what followed?
Compare high-volume and ordinary-volume weeks with the same price direction.
High volume is at least 1.5× its preceding 26-week median; ordinary volume is 0.75–1.25×. Returns start at that week’s close. Each group uses non-overlapping completed outcomes.
Starting observation
After
High-volume examples
Median return
Ordinary examples
Median return
Difference
Advancing weeks
4 weeks
8
—
5
—
Limited sample
Advancing weeks
13 weeks
2
—
2
—
Limited sample
Declining weeks
4 weeks
3
—
2
—
Limited sample
Declining weeks
13 weeks
2
—
2
—
Limited sample
At least eight completed examples in both groups are required. Groups may overlap each other, and differ in volatility, trend and market conditions; their difference is not a causal volume effect or a statistical claim of edge. Up to six years of available history; price returns exclude dividends, costs and execution. Fixed definitions have not been validated out of sample.
Inspect the dated observations
Advancing weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-12-12
2026-01-09
2.7%
High volume
2026-01-09
2026-02-06
3.5%
High volume
2026-02-06
2026-03-06
-1.8%
High volume
2026-03-27
2026-04-24
7.2%
High volume
2026-04-24
2026-05-22
0.4%
High volume
2026-05-22
2026-06-19
0.2%
High volume
2026-07-17
2026-08-14
3.5%
High volume
2026-08-14
2026-09-11
0.3%
Ordinary volume
2025-10-17
2025-11-14
1.3%
Ordinary volume
2025-11-14
2025-12-12
2.0%
Ordinary volume
2026-01-23
2026-02-20
3.3%
Ordinary volume
2026-07-03
2026-07-31
2.1%
Ordinary volume
2026-07-31
2026-08-28
3.1%
Advancing weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2025-12-12
2026-03-13
3.1%
High volume
2026-03-27
2026-06-26
6.5%
Ordinary volume
2025-10-17
2026-01-16
6.7%
Ordinary volume
2026-01-23
2026-04-24
4.5%
Declining weeks · 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2026-01-30
2026-02-27
3.7%
High volume
2026-03-06
2026-04-03
-0.1%
High volume
2026-05-15
2026-06-12
1.4%
Ordinary volume
2025-11-07
2025-12-05
2.0%
Ordinary volume
2026-06-26
2026-07-24
2.5%
Declining weeks · 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2026-01-30
2026-05-01
4.6%
High volume
2026-05-15
2026-08-14
5.2%
Ordinary volume
2025-11-07
2026-02-06
8.6%
Ordinary volume
2026-06-26
2026-09-25
4.2%
Price, activity and volume balance
Where volume is concentrated
2026-09-25Close 34.67
Weekly priceEstimated volume at priceMost active priceEarlier activity areaEstimated volume balance
Move over the chart, tap a week, or use the arrow keys to inspect it. The profile estimates where volume sits within weekly price ranges. The lower chart accumulates volume weighted by where each week closed in its range; its starting point changes with the selected period. This is not trade-based CVD.
Most active price35.22
Earlier activity area31.43 – 34.76
Recent volume balance-34.5%
Recent weekly volume2.88×
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-03
29.84
34581
2025-10-10
29.22
6961
2025-10-17
29.71
11031
2025-10-24
30.13
11041
2025-10-31
30.19
10806
2025-11-07
30.06
9512
2025-11-14
30.09
11356
2025-11-21
29.67
7637
2025-11-28
30.57
8713
2025-12-05
30.66
8672
2025-12-12
30.69
16868
2025-12-19
30.74
39743
2025-12-26
31.13
15405
2026-01-02
30.93
17304
2026-01-09
31.53
33296
2026-01-16
31.70
22269
2026-01-23
32.04
18422
2026-01-30
32.03
68905
2026-02-06
32.64
42218
2026-02-13
32.79
67954
2026-02-20
33.11
25661
2026-02-27
33.23
99546
2026-03-06
32.05
48986
2026-03-13
31.63
25037
2026-03-20
31.14
59270
2026-03-27
31.24
30974
2026-04-03
32.01
47653
2026-04-10
32.78
45227
2026-04-17
33.41
35301
2026-04-24
33.49
41087
2026-05-01
33.49
62343
2026-05-08
33.78
57142
2026-05-15
33.44
52393
2026-05-22
33.64
61238
2026-05-29
33.79
55288
2026-06-05
33.32
26675
2026-06-12
33.92
30671
2026-06-19
33.70
31029
2026-06-26
33.26
51857
2026-07-03
33.51
33926
2026-07-10
33.91
55016
2026-07-17
33.98
166012
2026-07-24
34.07
53128
2026-07-31
34.23
42296
2026-08-07
34.83
134464
2026-08-14
35.17
92099
2026-08-21
35.34
91877
2026-08-28
35.28
71732
2026-09-04
35.46
41543
2026-09-11
35.27
140350
2026-09-18
34.82
106729
2026-09-25
34.67
109215
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Higher
The recent centre moved +5.65% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -1.72% over four weeks. Volume balance is -34.5% on a scale from −100% to +100%.
Volume and price movement
More volume, clear price movement
Recent median weekly volume is 2.88× the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
1 of 4 closes inside
Price was above the earlier area before these four weeks. The earlier boundaries stay fixed for this comparison.
Activity over time
Darker cells show more estimated volume at that price. Use the chart to see where activity has moved. For longer periods, a column combines several weeks.
Volume and price movement
Each dot is a week. Compare weekly volume with the move from open to close.
What to check next
Holding outside the area
Watch which boundary price moves beyond and whether later closes remain outside it.
Returning inside
Price is currently inside the earlier area. Repeated closes here would show that activity remains in the same price range.
Price and volume disagreeing
There is no clear disagreement at present. Check whether volume balance continues to support any further price move.
Same stock · Earlier observations
Previous examples
Descriptive history, not a forecast.
Comparisons use the same period length, position relative to the earlier activity area and direction of recent volume balance. Outcomes do not overlap for each following period. At least five examples are needed to show a matched median. The median is the middle result; the all-period median includes earlier periods regardless of their volume reading.
Subsequent price changes
After
Examples
Median change
Sample
4 weeks
2
—
Too few examples
13 weeks
1
—
Too few examples
Returns are close-to-close price changes. Interim lows show the lowest price reached during the period. Dividends, fees and trade execution are not included. The available history contains up to six years of weekly observations.
Compare with other studies
These studies describe different parts of the same market. Check each observation date.
The selected period sets the profile and volume balance starting point. “Start from a date” uses the first available week on or after that date. At least 13 consecutive weeks are required.
Compare earlier activity
The earlier activity area contains most of the estimated volume before the last four weeks. The activity centre is the average estimated price, weighted by volume. Compare subsequent closes with its boundaries, then read the volume balance alongside the price move.
Check the data
Volume is reported for the whole week. The distribution within the range and the direction of pressure are estimates. They cannot identify individual trades, investor holdings or institutional buying.
Reports use saved weekly data and refresh when those records change. Missing or invalid weeks restrict the available periods.
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